Atif Holdings LTD

Market Movers (8-K)

ATIF Holdings Limited announced the closing of its previously reported unregistered offering, raising $2 million in gross proceeds from the sale of 5,434,782 ordinary shares.
Capital raise
ATIF Holdings Limited announced a private placement raising approximately $2 million through the sale of Class A ordinary shares to non-U.S. investors, with proceeds earmarked for working capital and planned blockchain and cryptocurrency mining operations.
Capital raise
ATIF Holdings Limited received a delinquency notification from Nasdaq for failing to maintain a minimum bid price of $1 per share, initiating a 180-day compliance period.
Worse than expected
ATIF Holdings Limited has dismissed ZH CPA, LLC and appointed Li CPA LLC as its new independent registered public accounting firm, effective February 26, 2025.
Worse than expected
ATIF Holdings Limited reports the resignation of its CFO and an independent director, along with the appointment of their respective replacements, effective February 20, 2025.
ATIF Holdings Limited announces changes in leadership and successful regaining of Nasdaq compliance after a period of non-compliance.

Quarterly Earnings (10-Q)

ATIF Holdings Limited announced a significant increase in net loss for the nine months ended April 30, 2025, primarily due to substantial investment losses, despite a rise in revenue and an improved cash position from recent capital raises, while also disclosing material weaknesses in internal controls and ongoing legal proceedings.
Capital raise
Worse than expected
ATIF Holdings Limited reports a significant increase in revenue for the three months ended January 31, 2025, but also a substantial increase in net loss compared to the same period in the previous year.
Worse than expected
Capital raise
ATIF Holdings Limited has filed an amendment to its quarterly report to include previously omitted certifications from the CEO and CFO.
ATIF Holdings reported a decrease in revenue and a net loss for the first quarter of fiscal year 2025, but the net loss was smaller than the same period last year.
Worse than expected
Capital raise
ATIF Holdings Limited reports a net loss for the quarter ended April 30, 2024, but secures $2.3 million through a private placement to bolster its financial position.
Worse than expected
Capital raise
ATIF Holdings Limited reported a net loss of $1.03 million for the six months ended January 31, 2024, a significant downturn compared to the net income of $0.7 million in the same period last year, primarily due to a sharp decrease in revenue.
Worse than expected
Capital raise

Annual Reports (10-K)

ATIF Holdings Limited reports a net loss of $3.2 million for fiscal year 2024, reflecting a decrease in revenue and ongoing strategic adjustments.
Capital raise
Worse than expected

Insider Trading (Form 4)

CEO Jun Liu of ATIF Holdings acquired 384,478 ordinary shares in lieu of unpaid salary, while Tianzhen Investments Limited reports ownership of 3,440,860 shares.

Proxy Statements (Def-14A)

ATIF Holdings is holding its annual shareholder meeting on July 26, 2024, to vote on the re-election of five directors and the ratification of its independent auditor, ZH CPA, LLC.

New Public Companies (S-1)

ATIF Holdings is registering for the resale of restricted warrants and underlying ordinary shares, aiming to raise approximately $2.5 million.
Capital raise
ATIF Holdings Limited is registering for the resale of restricted warrants to purchase up to 2,467,553 ordinary shares by selling stockholders, following a securities purchase agreement in February 2025.

Schedule 13D - Activist Investments

Tianzhen Investments Limited reports a change in beneficial ownership of ATIF Holdings shares, as Jun Liu is no longer deemed a beneficial owner.

Schedule 13G - Passive Investments

Jinglin Lu has filed an amended Schedule 13G, indicating a divestment of all beneficial ownership in ATIF Holdings Limited, now holding 0% of the company's Ordinary Shares.